Sub menu

Latest Pro Trader Reports

The Treasury’s cash account continues to grow on the Fed’s H41, weekly consolidated balance sheet. It hit $422 billion at the end of November. That’s a firebomb waiting to be thrown at the market in the event of a near certainty of a dead ceiling impasse coming in March. That’s when the deal to suspend…

Projections have dropped. They’re likely to be hit if support here breaks down. This report shows the new targets. Mining stocks still appear to be worth a nibble here based on hints this low in the precious metals stock indexes could hold. I have added a few more picks to the list. The volatility in…

The market spent last week falling back to and testing the breakout area at 2185. If it holds, the bulls are still in charge and the market will have established a new short term uptrend channel. But if doesn’t hold, beware the abyss that lies beneath. Market Update Pro subscribers click here to download the complete…

The TBAC has forecast $390 billion in cash at year end. With the 10 day average balance now at $400 billion it implies that there will be no additional cash pulled from the market for the remainder of the year. However, if the Obama Gang wants to go out with a bang, they could spend…

The European banking collapse paused in October with a minor uptick in total deposits. In addition there was a massive, mysterious revision of the figures from earlier this year. But it doesn’t change the basic facts of how dangerous conditions there are for the US.

The 13 week cycle projection of 1171 was reached. However, the 9-12 month and 6-7 week cycle projections now point to 1155-60. Here’s what needs to happen to signal a turn. The precious metals stock index also looks to be closer to a bottom. I have added a couple of bottom fishing stocks to our…

The market broke through a wall of resistance in the 2185- 90 area. By the end of the week it was well clear of the August peak. A sharp uptrend channel has formed. That needs to be broken before the market can pullback. Here are the key levels to watch and the targets if they’re…

The market hit a wall of resistance in the 2185- 90 area, at the top of the trading range. The trading range is very thin, and a downturn here could see the index quickly fall back to the bottom of the range. However… Market Update Pro subscribers click here to download the complete market update, including…

Technical signals for gold prior to last week had been cautionary, so the selloff in the metal was not a complete surprise. However, the smash in gold stocks was a surprise, and did serious technical damage. Here’s what needs to happen to turn the outlook positive, or what to look for if certain levels do…

I stand with the protesters. We as a society must stop pretending. Most of us think that we still have money in the bank to protect, so we go along with the game of extend and pretend. For some of us, the game has already ended. The rapacious zero interest rate policy that I call…

The great cold lie at the heart of present-day America is that the nation will magically benefit if we each single-mindedly pursue our self-interest to the exclusion of all else. The idea has a sleek quasi-free-market sheen, as it borrows the market…

The first conversation I ever had about the Internet was in 1993 with Robert Wright, who was then a colleague at the New Republic. This “Net” thing was going to be a big deal, I remember Bob telling me, but it could create a few problems. One was tha…

Capitalism is an approach to economics that is organic. Self-interest drives individuals to pursue wealth. Through entrepreneurship and hard work and ingenuity, an economy morphs into existence. Capitalism is the ultimate meritocracy; the smartest …

Cut through the Wall Street spin to get a clear view of the markets and the economy."Get the facts" delivered every day.

Check your inbox for the confirmation email which is sent instantly. If not there, check your SPAM folder and be sure to whitelist the "From: Lee Adler" email address. Your information will *never* be shared or sold to a 3rd party.

Latest News and Opinion

In case you missed it, The Washington Post’s criminally careless publishing of “fake news” about purported “Russian propaganda” created a backlash–and the Post’s attorney-approved bleating to sidestep responsibility for publishing “fake news” failed to calm the waters.

More of the same didn’t cut it for the American middle class this November, … and so the Obama voters went to the Republicans, as Hillary Clinton failed to impress onto the middle class any sort of vision they can relate to.Per Pew Research, out of 5…

It was nearly 20 years ago to the day that Alan Greenspan delivered his famous “irrational exuberance” speech. Little did he know how far it could go. Even less has his pernicious legacy been accorded the condemnation it so richly deserves.

Cut through the Wall Street spin to get a clear view of the markets and the economy. "Get the facts," delivered by email.
- Lee Adler

(Optional)

Check your inbox for the confirmation email which is sent instantly. If not there, check your SPAM folder and be sure to whitelist the "From: Lee Adler" email address. Your information will *never* be shared or sold to a 3rd party.